Britain has released a list of almost 2,000 banking institutions in India whose financial statements will not considered valid for the purpose of issuing students visas

Posted On:27/10/2011Updated On:

Britain has released a list of almost 2,000 banking institutions in India whose financial statements will not considered valid for the purpose of issuing students visas.“The UK Border Agency maintains a list of financial institutions from which we will not accept financial statements submitted in support of applications under Tier 4 of the pointsbased system,” the home office said.

The 1,940 banks, which include cooperative and rural ones, will not be considered for purpose of granting students’ visas from November 24, the home office said. The list has been subdivided into cooperative banks: scheduled urban cooperative banks, cooperative banks: non-scheduled urban cooperative banks and rural banks.“We will use the list when verifying maintenance funds under Tier 4 of the points-based system.“An applicant will receive no points for maintenance if they submit documents showing that the funds are held in a financial institution on the list,” the home office warned. It said these financial institutions do not satisfactorily verify financial statements submitted by the student visa applicants. “When a bank frequently provides unsatisfactory responses to verification requests, it is proportionate to include it on a list from which we will not accept documents, rather than verifying applications individually,” the home office added.

To help potential students from India, the home office also has issued a list of 85 banks, whose financial statements will be accepted by the UK Border Agency for the purpose of issuing students’ visas. Britain has released a list of almost 2,000 banking institutions in India whose financial statements will not considered valid for the purpose of issuing students visas.

To help potential students from India, the UK Home Office has issued a list of 85 banks, whose financial statements will be accepted by the UK Border Agency for the purpose of issuing students' visas.

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